[Form 4] DILLARD'S, INC. Insider Trading Activity

Rhea-AI Filing Summary

Dean L. Worley, VP/General Counsel & Secretary of Dillard's, Inc. (DDS) reported a purchase on 09/29/2025 of 10 shares of Common Class A at a price of $622.50 per share. After the transaction the filing shows Mr. Worley directly beneficially owns 6,402 Common Class A shares and indirectly owns 3,483 shares through a retirement plan. The Form 4 is signed and dated 10/01/2025.

Insights

Financial Analyst

TL;DR: Routine insider purchase of a small number of shares; limited market impact.

The report documents a direct acquisition of 10 Common Class A shares at $622.50 on 09/29/2025 by a company officer, increasing direct beneficial ownership to 6,402 shares with an additional 3,483 held indirectly via a retirement plan. The position size disclosed is small relative to typical institutional holdings and contains no derivative activity. This filing is informational and does not indicate material change to company capitalization or control.

Corporate Governance Expert

TL;DR: Proper Section 16 disclosure filed for an officer's open-market purchase; governance procedures appear followed.

The Form 4 identifies Dean L. Worley as VP/General Counsel & Secretary and reports the 09/29/2025 purchase and the filing signature dated 10/01/2025. The disclosure lists direct and indirect holdings, including retirement plan ownership, and contains no amendments or derivative transactions. This reflects standard insider reporting practices under Section 16.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Worley Dean L.

(Last) (First) (Middle)

1600 CANTRELL RD

(Street)

LITTLE ROCK AR 72201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DILLARD'S, INC. [ DDS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP/GENERAL COUNSEL & SECRETARY

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Class A	09/29/2025		A		10	A	$622.5	6,402	D
Common Class A - Retirement Plan								3,483	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Dean L. Worley	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Dean L. Worley disclose in the Form 4 for DDS?

He disclosed a purchase of 10 Common Class A shares on 09/29/2025 at a price of $622.50 per share.

How many Dillard's (DDS) shares does the reporting person own after the transaction?

The filing shows 6,402 shares directly and 3,483 shares indirectly through a retirement plan following the transaction.

What is Dean L. Worley’s role at Dillard's (DDS)?

The Form 4 lists his title as VP/General Counsel & Secretary.

When was the Form 4 signed and filed?

The form bears the reporting person’s signature dated 10/01/2025.

Does the Form 4 report any derivative transactions or dispositions?

No. The filing lists only a non-derivative acquisition of Common Class A shares and an indirect retirement plan holding.